In this post, I would like to tell you about how to choose the right export market to grow your business. In other words, in which country will you have the best chance of boosting your sales. I’ll be using our own methodology that we’ve developed at IndexBox, which includes 5 simple steps.

Global goat meat market production was estimated at 5,731 thousand tonnes in 2015, which was 221 thousand tonnes more than in 2014. There was an annual increase of +2.4% in physical terms and +15.0% in value terms for the period from 2007 to 2015. In value terms goat meat production reached 25,710 million USD.

In 2015, the value of total imports on the global goat meat market stood at 324.8 million USD. In physical terms, the total volume of goat meat decreased to 62.4 thousand tonnes in 2015, 7.2 thousand tonnes (10%) less than the previous year.

The global goat meat market had total revenues of 25,657 million USD in 2015, representing a compound annual growth rate (CAGR) of +15.0% from 2007 to 2015. In physical terms, the market showed an increase of +2.4% over the period under review. Finally, the goat meat market reached 5,731 thousand tonnes in 2015.

Despite the fall of global prices on the meat products market, due to weakening demand from both oil-exporting and developing countries, the goat meat price, in contrast, has peaked. The relatively nascent international trade in goat meat is the reason for this, as its consumption mainly depends on the extent to which goat rearing and breeding has been developed in the producing countries.

Spain dominates in the global trade of goat or kid hides and skins. In 2014, Spain exported 10 thousand tonnes of goat or kid hides and skins totaling 49 million USD, 40% under the previous year. Its primary trading partner was China, where it supplied 96% of its total exports of goat or kid hides and skins in value terms, accounting for the lion's share of China's total imports.

New Zealand continued its dominance in the global trade of sheep or lamb skins (without wool). In 2014, New Zealand exported 20 tonnes of sheep or lamb skins (without wool) totaling 90 million USD, 22% under the previous year. Its primary trading partner was China, where it supplied 33% of its total exports of sheep or lamb skins (without wool) in value terms, accounting for the lion's share of China's total imports.

Australia dominates in the global trade of sheep or lamb skins with wool. In 2014, Australia exported 199 thousand tonnes of sheep or lamb skins with wool totaling 345 million USD, 20% under the previous year. Its primary trading partner was China, where it supplied 90% of its total exports of sheep or lamb skins with wool in value terms, accounting for 64% of China's total imports.

New Zealand continued its dominance in the global lamb and sheep meat trade. In 2014, New Zealand exported 415 thousand tonnes of lamb and sheep meat totaling 2,490 million USD, 11% over the previous year. Its primary trading partner was China, where it supplied 27% of its total lamb and sheep meat exports in value terms, accounting for 60% of China's total imports.

Australia dominates in the global goat meat trade. In 2014, Australia exported 40 thousand tonnes of goat meat totaling 218 million USD, 41% over the previous year. Its primary trading partner was the U.S., where it supplied 53% of its total goat meat exports in value terms, accounting for the lion's share of the U.S. total imports.